AXIS-REIT’s third-quarter net profit rose to RM52.12mil.
PETALING JAYA: Axis Real Estate Investment Trust
(AXIS-REIT) is optimistic that it will be able to maintain its current financial performance for the financial year ending Dec 31, 2025.
In a filing with Bursa Malaysia, the REIT said this outlook is in view of the satisfactory performance of its existing property portfolio and its growth strategy to actively pursue quality investment.
For its third quarter ended Sept 30, 2025 (3Q25), AXIS-REIT’s net profit rose to RM52.12mil from RM37.77mil in the previous corresponding period, while revenue grew to RM92.77mil from RM80.27mil a year earlier.
“The manager has proposed to distribute 99% from realised income available for distribution generated from operations for 3Q25,” it said.
For the nine-month period ending Sept 30, 2025, the REIT’s net profit rose to RM148.20mil from RM118.99mil in the previous corresponding period.
